There had been rumors going around that the Motorola Xoom would be $599 on a two-year contract and they have been confirmed. So, this means your options for the Xoom are $799 off-contract, and $599 on-contract for the 3G/4G model, and ~$600 for the fabled WiFi only model, which has yet to have a release date announced.

The price on the 3G model will include a free upgrade to 4G in Q2 of this year, but no firm date has been set. There will supposedly be more information on the 4G upgrade starting on the 24th on a special website Motorola has set up.

The press release also says that the starting data plan on 3G will be $20/month for 1 GB of data. No other tiers have been announced, and this is specifically stated as “3G data service”, so you can expect that the 4G plans will be even more expensive. Although the data plan pricing hasn’t fully been revealed, I wouldn’t be surprised to see it match the tiers set up on the Cr-48 Chrome OS tablet, which are:

1GB $20 per month

3GB $35 per month

5 GB $50 per month

It will be interesting to see if they also include the $10 unlimited day pass that is offered on the Cr-48.